Hilarious

The Dems and Republicans are arguing over a $30 billion difference in budget cuts. My ROUGH estimate is that the US government spends $3 trillion a year. Arguing over that $30 billion is like arguing over the ONE PENNY change when you buy a 99 cent diet coke for a buck. Not only that but taking a week arguing over that penny. At the sake of not getting back to work (read government shutdown). This would be funny in a movie. SAD in real life. Amerika is broke and screwed.

Corn

With Crude oil over $110 a barrel, this article on Corn shortage is apt.
http://finance.yahoo.com/news/US-corn-reserves-expected-to-apf-3038968207.html?x=0&sec=topStories&pos=8&asset=&ccode=

I'm long a may corn 700 call

Deficits

The U.S. just reported a record budget deficit last month of $222.5 billion, a bigger deficit than the entire year of 2007.

Ring of Fire

Google "Ring of Fire". We've had 3 of the 4 corners
have a major earthquake. Is California next?

Bonds

Foreign central bank purchases of U.S. treasuries have fallen from 50% down to 30%.
I just got this from NIA email. Does this mean the bond bubble is about to burst?
I think maybe.

Moo

Cattle futures hit an ALL TIME high. Who says there is no inflation? If you don't eat meat or drive, I guess. NOT!

Bond Bubble

WSJ reports that Bond mutual funds had $4 bil investment inflows for the 6th week running. TIME TO SELL THE BONDS? Oh yeah.